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21khz: The Art of Money In Music

Jeff Price & Ted Gerstein

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Jeff Price (Founder TuneCore, spinART Records and Audiam) and journalist Ted Gerstein (Author: Bomb Squad, Former Producer ABC News Nightline) explore the behind the scenes mechanisms of the music industry allowing artists, producers, record labels, songwriters and technology innovators to make money off music. Learn why $30 billion dollars is generated off of music and whose pockets it ends up in.
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Right before Thanksgiving, 2021 Spotify took down a large number of comedy albums. The question is why. The answer has to do with the fact that just because a comedian like Robin Williams says the words "Reality, what a concept" as opposed to sings them doesn't mean he does not have a copyright that needs to be licensed and a royalty paid when it s…
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Comedians' works are streamed and broadcast across Spotify, YouTube, Pandora, SiriusXM, and more. However, unlike music where royalties are paid for two copyrights (composition and master recording), Comedians have only ever been paid royalties on the recording of their performance, not on the underlying literary work (equivalent of a composition).…
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Season 2/ Episode 7 Rachel Francine/ Co-Founder and CEO, SingFit Andy Tubman/ Co-Founder and Chief of Therapeutics and Music, SingFit If there is one that I have learned doing this podcast for the past two years, it’s that music contains value beyond the cost of a CD, an iTunes download or a Pandora stream. This show proves that music has a value b…
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Gregory Roach Season 2/ Episode 8 Sometimes, you just want to sit back, have a cup of coffee and listen to war stories from a bygone era. This is that kind of Podcast.. Gregory Roach has had an eclectic career. He worked at "Grendel's Lair", the storied nightclub in Philadelphia, worked as the lighting guy for a comedy club in New York City, went o…
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Judith Finell - Judith Finell, Music Service Season 2/ Episode 8 You probably didn't watch, but on a Saturday night in April of 1983, "The Return of the Man from U.N.C.L.E.: The Fifteen Years Later Affair," aired on NBC. Trust me on this; it was a classic of 1980s television - paunchy middle-aged heroes, central casting villains, backlot sets, stoc…
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Judith Finell, Musicologist, president of Judith Finell Music Services Season 2, Episode 6 Ever started explaining something to a friend, and you can tell, usually, immediately, this person has no idea what you're talking about (you can see it in the eyes). When that happens, I always make up a little story... “It’s like trying to describe the idea…
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Paul Resnikoff - Founder, Digital Music News Season 2/ Episode 5 The second season finale of the original Star Trek back in 1969 was an odd episode. You will see where I am going with this in a moment..... Yes, Kirk and Spock are in the top of the show, Kirk and Spock are at the close of the show, but the meat of the show, the entire episode, is ta…
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What a piece of the Merrie Melodies? How about Bette Midler? Etta James? Santana? Well, they have all been for sale. One of the goals of this podcast has been to figure out all the ways music can generate money. We know about album sales, we've talked endlessly about streaming rights, we've discussed those "big fat juicy contracts" (that don't exis…
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Danny Turner - Monetizing Moods. Global Senior Vice President for Creative Programming at Mood Media Season 2/ Episode 3 I've never been able to get the final scene from the "Blues Brothers," out of my head. Jake and Elwood spend the entirety of the (in my opinion fantastic) movie racing to the Cook County Assessors office, desperate to pay the bac…
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"Wait … You were in a Christian Rock Band? And you had to talk with Mr. Potty mouth - Me?" "It's OK Jeff, I've been in the music business a long time" Season 2/ Episode 2 - John Barker, and Everything you ever wanted to know about licensing - but (of course) were afraid to ask. I like to quote Donald Rumsfeld (Sorry, but I do) ... "There are things…
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Season 2/ Episode 1: Carin Gilfry – “Carin – Like Car in the Garage” Three things you need to know about today’s podcast… First, “yes” we have been away for a little while. Life, work, family – all the things that get in the way of a successful podcast, managed to get in the way of our successful podcast. But we’re back, and we have close to a doze…
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“People need to look at the Internet as a plantation sharecropper system - Yeah, you got your cotton really cheap but is that how you want society to go forward?” Episode 012: East Bay Ray - Safe Harbors and Cheap Cotton. From its infancy in the San Francisco Bay area in the 1970s to today, the enduring legacy of the Dead Kennedys, is due in no sma…
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Shawn Stern didn’t set out to become a Punk Rock Icon. When he - along with his two brothers - created the (now) seminal band Youth Brigade back in 1980, all they really wanted to do was play music and hang with friends. Punk Rock, he quickly realized, was the perfect venue for that lifestyle, “We (could) play music, we don’t have to be really good…
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“This is a labyrinth of rules…. “ Gino Olivieri, President Premier Muzik. Are American Performers getting the money owed to them? In many cases – no, and it’s all perfectly legal. Back on October 26, 1961, representatives from 26 countries signed the, “Rome Convention for the Protection of Performers, Producers of Phonograms and Broadcasting Organi…
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So what happens AFTER you disrupt an entire industry? When last we saw him, Michael Robertson and MP3.com managed to uproot the business model of the entire music industry. Physical media, he realized, didn’t matter. People weren’t interested in CDs, cassettes or vinyl; they wanted music, and they wanted to it digitally. For Michael Robertson, the …
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“So, I told my wife, I bought this new domain and she said, ‘what did you pay?’” I told her, ’a thousand dollars’. She was dumbfounded, ’That’s just two letters and a number!” So, I said, ‘no no no… trust me… it’s going to be big!’” - Michael Robertson, Founder, mp3.com Today’s episode isn’t so much about the music industry as it is about the life …
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Episode: 007 Will Musicians Survive in the Age of Free When the "Bottle" is worth more than the wine? Interview Subject: Count "I think we can all agree, if somebody has millions of streams and they are popular enough to be a household name they should be able to pay their rent…" - Count (Producer: Radiohead, Rolling Stones, New Order, Frank Sinatr…
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“Musicians say they want to be in the business of music and yet they don’t understand the very basic concepts - it’s very strange to me.” Everyone wants to be a musician but according to George Howard nobody understands the business. George Howard, understands the music business. He’s worked with big stars (Carly Simon), he’s been a label executive…
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Why are artists so angry about their royalties from streaming music services like Spotify? Is there really no money or is there money but a crazy math formula that calculates who gets what is, well, just wrong. Could the problem really be a bad math equation? Meet Sharky Laguana. Front man and founder of the band Creeper Lagoon and founder of a ban…
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“Our function is to create new acts. Our function is to make famous. That is what we do, that is our unique skill set. We take artists, we develop them, we promote them, we make them the biggest most popular artists in the world.” - Avery Lipman, President, Republic Records The age of the sunglass wearing, leisure suit clad, cigar chomping, deal ma…
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“There is a wonderful moment in Spinal Tap where the manager says to the artist, ‘look, it doesn’t matter how much we talk about it, there is no way to promote something that doesn't exist’. And what occurred to me back in 2006, when I was living on an air mattress in my mom’s spare room, was that the internet has shattered that paradigm, you can s…
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“The ones that are in control are very happy with the system. They are making a disproportionate amount of the collection and the distribution - wrongfully in my opinion, unethically and immorally…..We’re out there everyday standing at the mountaintop saying - Guys! There is another way to do this where Everybody wins!” - Scott Schreer In Part two …
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In this Episode, meet Scott Schreer. Scott wrote the music for "Have A Coke and A Smile", the NFL theme Song for Fox along with a myriad of jingles and scores for Snickers, Volkswagen, The Cosby Show and many many others. So how does Scott, and the rest of the world's songwriters and composers, make money from the use of their music? Scott takes us…
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